Tag: Payments
Government-focused payments provider PayIt gets $100m-plus Insight Venture Partners backing
Government-focused digital payments startup PayIt has picked up an investment of more than $100m from private equity and venture capital house Insight Venture Partners.
Toast said to raise $250m round, valuing it at $2.7bn
Restaurant management and POS company Toast has reportedly raised $250m in a funding round which values the company at $2.7bn.
Klarna launches new open banking solution
Payment provider Klarna has released its own open banking platform which will provide 4,300 European banks access to its single access to account (XS2A)...
Mastercard reveals new model for digital identity
Mastercard has revealed a new consumer-central model for digital identity, which will give consumers increased control on their data.
Frontier Capital backs healthcare digital check-in, insurance eligibility provider Clearwave
Software and tech-enabled business services-focused growth equity firm Frontier Capital has invested in health system payments, insurance eligibility and digital check-in provider Clearwave Corporation.
Payments challenger Airwallex confirms unicorn status with DST Global-led Series C...
Cross-border payments challenger Airwallex has confirmed its unicorn status by passing a $1bn valuation through its latest funding round.
Mastercard agrees $300m cornerstone backing for IPO of PE-backed Network International
Mastercard has agreed to make a $300m cornerstone investment in the planned London IPO of private equity-backed payments processing business Network International.
Worldpay hits $43bn valuation in buyout by FinTech major FIS
Global payments business WorldPay has hit a $43bn valuation including debt by being bought out by New York-listed fintech major FIS.
90% of US consumers want added security measures on mobile transactions,...
A study from Entersekt has found 90 per cent of US consumers value additional security measures when completing mobile transactions.
UK to stay in SEPA following a no-deal Brexit
The European Payments Council Board has accepted an application which will enable UK Payment Service Providers to continue in the Single Euro Payment Area (SEPA) schemes.